A recent Palm Beach County case illustrates the problems that a
Florida judgment creditor can have when trying to enforce a judgment in
another jurisdiction. In Corzo v. West ,
the judgment creditor had to jump through several hoops in response...
Southpac is a trust company that operates in several Non-U.S. jurisdictions, including the Cook Islands and Nevis (both have aggressive asset protection laws that seek to attract international asset protection trusts). Most individuals seeking non-U.S...
According to the 1 st District Court of Appeals ruling in Morey 2004 v. Everbank , and Air Craun, Inc, 37 Fla. L. Weekly D1739 [ enhanced version available to lexis.com subscribers ], simple estate planning mistakes can defeat years of asset protection...
Today I participated in a teleconference on Asset Protection
Planning. Although the program was a bit basic for me, speaker Carl
Waldman. Esq. included a helpful chart of the Levels of Asset
Protection, which I have expanded on here:
As North Carolina business owners and other taxpayers adjust to the effects of the 2012 American Tax Payer Relief Act , they are starting to focus on asset protection strategies at the same time as minimizing taxes to the fullest extent possible.
In a case of "you have got to be kidding me" a Florida man adopts his girlfriend (in her mid-40's) as part of an "oh no - I should have done this sooner" dubious asset protection plan. Steven A. Loeb, Esq . points out that there...